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Office mandates don’t help companies make more money, study finds
(www.spokesman.com)
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this post was submitted on 29 Jan 2024
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I see so many light thinkers arguing that this is all about real estate. Jesus fuck.
As a manager, I can tell you it’s not about management. None of us asked for return to office. In fact the vast majority of managers at my company have been pushing back hard, which is the only way we got a hybrid schedule. It really comes down to being all about real estate, local taxes, optics, C-levels stuck in the old ways of doing things and wanting to return to “the good old days”.
I don’t give a crap where my employees are working as long as they get shit done and can reply during business hours when shit hits the fan.
Management are just a bunch of pawns. I write this as a manager. It’s about the assholes at the top wanting to control other people’s lives.
They are holding bags that they want to get rid of before they need to accept the capital losses after assuming office real estate would be a sure bet and then the world changed in March 2020.
Enlighten us then, keeper of secret wisdom.
Fucking look up “sunk cost fallacy”.
Yup. I'm content with my usage. You want to elaborate and contribute or keep vagueposting?
Looks like a classic sunk cost fallacy to me. They pay that money no matter if the offices are filled or not.